News Snapshot:
Ethereum to $20,000, says BitMEX co-founder Arthur Hayes is not the only cryptocurrency that is welcoming old-time critics. Arthur Hayes, the co-founder of crypto derivatives exchange BitMEX, has gone from calling “a double-digit shitcoin” to wishing he had gotten in early. With Ethereum recently breaching $2,500, Hayes is left wishing that he had bought some ETH during the pre-sale in 2014 when the digital asset sold for about 30 cents. Hayes asserts that Ethereum along with many other cryptocurrency projects are imitations of Bitcoin. However, he believes that the world’s second-largest cryptocurrency “offered a substantial improvement by creating a virtual...
